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S&P/TSX composite ends down 1.2 per cent, U.S. stock markets also end lower

S&P/TSX composite ends down 1.2 per cent, U.S. stock markets also end lower

TORONTO — Falling energy prices and renewed fears around the rate hike path ahead helped push Canada's main stock index down almost 1.2 per cent Monday, while U.S. markets fell further.
Former CannTrust compliance worker says unlicensed growing 'very openly' discussed

Former CannTrust compliance worker says unlicensed growing 'very openly' discussed

TORONTO — A former director of quality and compliance at CannTrust Holdings Inc. says the growth of cannabis in unlicensed rooms was "very openly discussed" at the pot company. “There was no hiding this.
New this week: Will Smith, 'Pinocchio' and 'George & Tammy'

New this week: Will Smith, 'Pinocchio' and 'George & Tammy'

Here’s a collection curated by The Associated Press’ entertainment journalists of what’s arriving on TV, streaming services and music and video game platforms this week.
Stocks slide as strong data suggests Fed has more to do

Stocks slide as strong data suggests Fed has more to do

NEW YORK — Stocks closed lower on Wall Street and Treasury yields rose after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation. The S&P 500 fell 1.8% Monday.
Montreal home sales for November drop to levels not seen since 2014

Montreal home sales for November drop to levels not seen since 2014

MONTREAL — The Quebec Professional Association of Real Estate Brokers says November home sales in Montreal dropped to a level not seen since 2014 as rising interest rates lowered activity and drove up inventory.
Russian oil price cap, EU ban aim to limit Kremlin war chest

Russian oil price cap, EU ban aim to limit Kremlin war chest

FRANKFURT, Germany (AP) — Major Western measures to limit Russia's oil profits over the war in Ukraine took effect Monday, bringing with them uncertainty about how much crude could be lost to the world and whether they will unleash the hoped-for hit
B.C. property assessments higher, but market has changed: assessor

B.C. property assessments higher, but market has changed: assessor

VANCOUVER — British Columbia's property assessment agency is warning homeowners that figures released next month estimating the value of their home will likely be higher than the current market price.
WestJet announces new flights to Tokyo, Barcelona, and Edinburgh

WestJet announces new flights to Tokyo, Barcelona, and Edinburgh

CALGARY — WestJet marks its first non-stop flights to Asia from Calgary as it announced a new route to Japan. The Calgary-based airline said Monday that it will fly to Tokyo's Narita International Airport from Calgary this spring.
Outgoing CEO Al Monaco says Enbridge 'poster child' for an orderly energy transition

Outgoing CEO Al Monaco says Enbridge 'poster child' for an orderly energy transition

CALGARY — Al Monaco may be the outgoing CEO of Canada's largest energy company, but don't ask him to predict the price of oil a decade from now — or even next year.
AltaGas raising quarterly dividend six per cent to 28 cents per share

AltaGas raising quarterly dividend six per cent to 28 cents per share

CALGARY — AltaGas Ltd. is raising its dividend by six per cent. The energy infrastructure company says it will pay a quarterly dividend of 28 cents per share, up from 26.5 cents per share.